CyberKongz Helps Oldest National Park in Africa Stay Afloat With Crypto Mining Operation

CyberKongz Helps Oldest National Park in Africa Stay Afloat With Crypto Mining Operation

Virunga National Park in Africa is currently closed to tourism during ongoing conflict in the region, but CyberKongz is helping the safeguard for biodiversity keep its lights on with a sustainable cryptocurrency mining operation.

The operation uses excessive power from the National Park's hydroelectric plant, which is also used to produce low-carbon electricity in the Lubero region. The crypto mining plant is meant to provide additional revenue to Virunga while tourism is halted and is funded by CyberKongz.

"Luviro is a run-of-river hydroelectric power plant with a capacity of 15 MW, located in the Lubero region," the video CyberKongz posted on Twitter reads. "It is named after the Luviro river that supplies the water needed to produce electricity."

The video explains the process.

"It starts with the water intake structure," it mentions. "Water from the Lubviro is diverted into a channel, where it is slowed over many kilometers. The water then enters a forebay to remove impurities, before speeding downstream for nearly 200 meters. The energy accumulated by the falling water turns the tribune, which then drives the alternator, producing stable, low-carbon electricity 24 [hours a day]."

At the end of the process, the water is returned to the river. 

Jonas Kambale, one of the electricians at the crypto mining operation, explains how the excess electricity powers the plant.

"At Ivungu, I am responsible for the maintenance of the blockchain servers," he said. "We currently have 2,882 machines on site. With the arrival of 1,800 servers, we will triple our current operations, and it will allow Virunga to generate substantial income."

Virunga National Park is home to one-third of the world's population of endangered mountain gorillas. 

More about CyberKongz

CyberKongz is a collection of 8,888 unique, randomly generated 2D avatars created by artist Myoo on the Ethereum blockchain. Two types of Kongz were initially produced: OG Kongz (Genesis) and Baby/Incubator Kongz. The OG Kongz were the first 1,000 to drop, 10 of which are “Legendary” and had a mint price of .01 ETH. The first avatar project to focus and generative value with a utility token, $BANANA, Cyberkongz genesis holders will produce 10 $BANANA every day for each Kong they hold for the next 10 years. Only the original CyberKongz Genesis collection will generate $BANANA. 

At the time of publish, the CyberKongz floor price sits at 1.55 ETH, and has stayed relatively flat over the past 24 hours on 0 ETH volume of transactions. Over the last 30 days, 3 sharp wallets have sold 3 NFTs and 1 sharp wallets have bought 1 NFTs in the CyberKongz collection. Catch up on other recent CyberKongz news here.

Recent CyberKongz Sales

#2083sold at 12/04 6:12am for
1.61
#3716sold at 12/04 6:12am for
1.58
#3716sold at 12/03 10:12pm for
1.44
#3010sold at 12/03 6:12pm for
1.42
#1900sold at 12/03 6:12am for
1.60

Recent CyberKongz Listings

#1300listed at 12/05 10:12am for
2.25
#1300listed at 12/05 10:12am for
2.25
#4696listed at 12/05 10:12am for
2.25
#4696listed at 12/05 10:12am for
2.25
#3439listed at 12/05 4:12am for
2.00
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
In this post
Related Content
Lucky Trader News on Twitter
Get alerts the moment news breaks with the Lucky Trader app.